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The Toronto Condo Market This Week – May 13, 2016

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toronto condo market news piece may 13

How a house can become a prison after it soars in value

Toronto’s housing market is teaching all Canadians a lesson on how overrated it is to have your house soar in value.

Foreign buyers flocking to Canada’s hot luxury real estate markets

Two reports are shedding new light on the impact of foreign buyers on Canada’s luxury real estate market. One quarter of real estate advisors with Royal LePage say 25 per cent of luxury homes in key Canadian markets are being snapped up by foreign buyers.

Conditions right for office condos in Toronto, Vancouver

A perfect storm of events is leading a number of small and medium-sized businesses in Vancouver and Toronto to forsake leasing office space in favour of buying office condominiums.

Detached home prices in Toronto rising by $550 per day

Want to earn $550 a day, literally from the comfort of your own home? All you need to do is buy a detached home in Toronto.